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Report: Apple acquires micro-LED display company LuxVue

Apple has acquired LuxVue Technology, a company that develops low-power, micro-LED displays, TechCrunch reports. According to the report, Apple acquired LuxVue to “add to their hardware innovations area.” Micro-LED technology could lead to improved battery life and screen brightness in Apple devices. Last year, LuxVue was said to have had “a technical breakthrough in displays.” It’s unknown when Apple acquired LuxVue, and Apple has yet to comment on the report.